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Re: Jagz16 post# 1447

Monday, 02/08/2021 6:32:34 AM

Monday, February 08, 2021 6:32:34 AM

Post# of 1448
They did a 20 for 1 reverse split. At the .80c share price that makes it worth about .04c pre split. It did get down to the 1-2c range pre split adjusted after the split. Basically a reverse split is a sign of desperation and they almost never work. The weakness displayed by reverse split attracts short sellers who see a large potential gain. In my opinion this company is a goner.